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Zcash Falls 4.98% in Four Hours to $1,312 on Binance Spot

The move extended Zcash’s 24-hour decline to 7.59%. Long liquidations across three exchanges totaled $4.3 million in the same hour.

By Enna Lee
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Mentioned assets
A silver shield coin rests beside a market receipt / TokenPost.ai
A silver shield coin rests beside a market receipt / TokenPost.ai

Zcash (ZEC) fell 4.98% in four hours to $1,312 on Binance’s ZEC/USDT spot market at 4:26 a.m. ET (08:26 UTC) Oct. 2, extending its 24-hour decline to 7.59%.

The token had traded at $1,381 four hours earlier. Long liquidations in Zcash totaled $4.3 million across Binance, Bybit and OKX during the same hour, compared with $20,000 in short liquidations.

Zcash ranked 10th by market capitalization, at about $22.7 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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